Fredericktown, MO vs Jennings, MO
Fredericktown, MO and Jennings, MO have a very similar cost of living, with only a 0.7% difference in their overall index. Fredericktown scores 67 while Jennings scores 67 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Fredericktown is $845/month compared to $944/month in Jennings — a 11% difference. Interestingly, home values tell a different story: while Fredericktown has cheaper rent, Jennings actually has lower median home values ($62,300 vs $120,200).
Median household income in Fredericktown is $53,681 compared to $37,356 in Jennings (+43.7%). While Fredericktown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fredericktown spend roughly 18.9% of their income on rent, less than the 30.3% in Jennings. The Fredericktown ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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